Case Study: Novuna Business Cash Flow reduces onboarding from days to minutes with Codat

Novuna Business Cash Flow cuts onboarding from days to minutes with Codat

Novuna Business Cash Flow, a provider of cash flow finance solutions, faced a significant challenge with a slow and manual client onboarding process that often took days or weeks. This delay risked losing potential customers to faster competitors. To address this, they partnered with Codat to integrate its data connectivity service into their onboarding journey.

Codat's solution allowed Novuna to digitally collect accounting and banking data from clients, which automatically populated application fields in their Salesforce system. This eliminated manual data entry and enabled real-time monitoring. The results were transformative: onboarding was reduced to minutes, weekly data entry was cut from hours to seconds, and decision-making became faster. Codat's implementation led to an increase in new business for Novuna by providing a more competitive and efficient lending process.

Novuna Business Cash Flow